Rich Dad Poor Dad author Robert Kiyosaki says Bitcoin slump won’t sway him, bets on “The Big Print” boosting gold, silver, crypto

Renowned author of Rich Dad Poor Dad, Robert Kiyosaki, has weighed in on the recent volatility across global markets, including the sharp decline in Bitcoin, saying he is not selling his holdings despite the downturn. He argued that the current selloff is being driven by a global dash for cash rather than a breakdown in fundamental value.

In a detailed post on X, the Rich Dad Poor Dad author described the ongoing turbulence as part of a broader squeeze, but maintained that he is choosing to hold on to his assets.

Kiyosaki said that the world’s deepening debt situation and the potential onset of large-scale monetary expansion—what he refers to as “The Big Print”—are central to his long-term view. While acknowledging the risks, he believes that this environment could ultimately make assets such as gold, silver, Bitcoin and Ethereum more valuable.

However, he emphasised that his stance reflects his personal financial position and repeatedly stressed that his comments do not constitute investment advice.

Sharing his outlook in the post, Kiyosaki wrote, “BITCOIN CRASHING: The everything bubbles are bursting….” When asked whether he is selling, he responded, “NO: I am waiting.”Explaining his reasoning, he said, “The cause of all markets crashing is the world is in need of cash. I do not need cash.” According to him, the primary reason he is holding on is his expectation of a significant monetary event.As he put it, “The real reason I am not selling is because the problem…. The world is deeply in debt…. and my bet is ‘The Big Print’… is about to begin…. which will make gold, silver, Bitcoin, and Ethereum more valuable….as fake money crashes.”He also acknowledged that his view may not play out as expected. To a question about whether he and author Lawrence Lepard could be wrong, he replied simply: “Yes.” Throughout his post, Kiyosaki reiterated that he is not offering financial advice, saying, “I do not give investment advice. I share with you what I am doing.”

He added that many people may need cash urgently, which could justify their decision to sell. “If you are fearful and need cash….as most of the world does…. You may want to sell your best assets and go to cash.”

Kiyosaki even referenced Miss Piggy from the Muppets to explain his philosophy on money management, quoting, “The key to money management is to always manage to have a lot of money.”

He contrasted this with traditional education systems, which he said do not teach practical financial lessons.

Reflecting on his own past struggles, he wrote, “I ‘ve panicked many times and learned priceless personal financial lessons not taught in schools….” Despite these experiences, he said he continues to believe that mistakes are an essential part of learning and wealth-building.

Also read: Gold plunges Rs 5,000/10 gram, silver tanks Rs 8,700/kg. 3 reasons for yellow metal’s sharpest intraday slide(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)